The Zhitong Finance App learned that China Heart Link Chemical Fertilizer (01866) rose by more than 4%. As of press release, it had risen 4.3% to HK$11.64, with a turnover of HK$32.5821 million.

According to the news, the “15th Five-Year Plan for Oil and Gas Development” issued by the National Development and Reform Commission and the National Energy Administration on August 17 clearly promotes the construction of coal-to-oil and gas strategic bases such as Zhundong in Xinjiang and Hami in Xinjiang. As the largest fully equipped coalfield in China, the construction of the Zhundong Coal-to-Gas Strategic Base is being accelerated across the board, and several major projects worth 10 billion are being accelerated.

According to public information, China Heart Link Chemical Fertilizer has implemented a multi-base layout in the country. Among them, the Xinjiang base integrates Manas and Zhundong factories to give full play to the advantages of low-cost raw materials. According to reports, the Xinjiang Xinlianxin Zhundong project has entered the sprint stage. The project has a total investment of 30 billion yuan and is expected to be put into operation by the end of October this year. The first phase of the project invests about 7 billion yuan, covers an area of more than 3,500 mu, and plans to produce 320,000 tons of melamine, 500,000 tons of high-efficiency compound fertilizer, 200,000 tons of food-grade carbon dioxide, and 200,000 tons of industrial-grade carbon dioxide.

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